$M is trading near a pressure area where weak bounces often get sold quickly.
$M is stuck below resistance, and that keeps sellers slightly in control.
Setup SHORT $M (max 10x)
๐ฏ Entry: 1.164 - 1.178
๐ SL: 1.181
โ TP1: 1.153
โ TP2: 1.136
โ TP3: 1.12
โข Japan forex reserves drop below $1 trillion for first time in recent memory after record yen intervention
โข Inside Rashesh Shahโs plan to incubate and scale Edelweiss businesses
Would you fade the bounce on $M , or wait for the breakdown?
Trade $M here ๐
#M #MarketStructure #TradingSetup
$M is stuck below resistance, and that keeps sellers slightly in control.
Setup SHORT $M (max 10x)
๐ฏ Entry: 1.164 - 1.178
๐ SL: 1.181
โ TP1: 1.153
โ TP2: 1.136
โ TP3: 1.12
โข Japan forex reserves drop below $1 trillion for first time in recent memory after record yen intervention
โข Inside Rashesh Shahโs plan to incubate and scale Edelweiss businesses
Would you fade the bounce on $M , or wait for the breakdown?
Trade $M here ๐
#M #MarketStructure #TradingSetup